Growth Opportunities in the Indian Packaging Industry: Rigid Plastics Set to Record the Highest CAGR, at 2.1% During 2023-2028


Dublin, May 31, 2024 (GLOBE NEWSWIRE) -- The "Opportunities in the Indian Packaging Industry 2024" report has been added to ResearchAndMarkets.com's offering.

The Indian packaging industry stood at 388.8 billion units in 2023, and is set to reach 505.6 billion in 2028, recording a CAGR of 5.4% during 2023-28. In 2023, flexible packaging garnered a volume share of 60.2%, leading the industry, followed by rigid plastics with a volume share of 24.7%.

During 2023-28, rigid plastics will record the highest CAGR, at 2.1%. Rigid metal will register the strongest increase in usage over 2023-28, at a CAGR of 10.8%.

This report utilizes multiple data sources to provide a comprehensive overview of the packaging industry in India as part of our coverage of the industry across 48 countries. It includes an analysis of the following :

  • Market overview: Provides an overview of the usage of different packaging materials across different industries in terms of the number of units, packaging share, and growth rates during 2018-28. Additionally, it explores packaging innovations for leading industries in each packaging material analyzed.
  • Growth in the use of pack material by industry: Provides an overview of the shift in the utilization of various pack materials across leading industries during 2023-28.
  • Key pack materials: Includes data and analysis-number of units (millions) and growth rates-for five key pack materials, namely rigid plastics, rigid metal, glass, paper & board, and flexible packaging, during 2018-28. It also includes data and analysis for pack materials other than the previously mentioned five. Additionally, the section covers:
  • Pack sub-type: Includes aerosol - metal, box - rigid plastic, carton - carton board, box - liquid packaging board, box - other material, foil - aluminum, pod - paper, flexible plastic, tray - aluminum, tube - flexible plastic, other flexible packaging pack types - all sub-types, HDPE, PET, etc.
  • Pack type: Includes aerosol, bag-in-box, bag/sachet, blister pack, bottle, box, bubble top, can, carton-folding, carton-liquid, clamshell, etc.
  • Closure material: Includes metal, plastic, glass, natural cork, synthetic cork, and others.
  • Closure type: Includes cap, crown, dispenser, film, flip/snap top, foil, lever closure, plastic tie, prize off, screw top, sports cap, stopper, and twist off.
  • Primary outer material: Includes flexible packaging, board, rigid plastic, and others.
  • Primary outer type: Includes bag, blister pack, carton-folding, shrink wrap, sleeve, and others.

The report provides a detailed analysis of the countries in the region, covering the key challenges, competitive landscape and demographic analysis, that can help companies gain insight into the country specific nuances. The analysts have also placed a significant emphasis on the key trends that drive consumer choice and the future opportunities that can be explored in the region, than can help companies in revenue expansion.

Key Topics Covered:

  • Market Environment
  • Pack Material Market Size and Growth Analysis
  • Pack Material Growth Contribution by Industry
  • Market Size by Pack Material and Industry
  • Market Dynamics
  • Consumer Sentiments
  • Packaging Innovations and New Launches
  • Packaging Waste Regulations
  • Growth Analysis of Pack Material by Industry and Sector
  • Pack Material by Industry - Key Takeaways
  • Packaging Share Change by Material and Industry
  • Growth Analysis by Industry - Food
  • Growth Analysis by Industry - Alcoholic Beverages
  • Growth Analysis by Industry - Non-Alcoholic Beverages
  • Growth Analysis by Industry - Cosmetics and Toiletries
  • Growth Analysis by Industry - Other Industries
  • Analysis by Pack Material - Rigid Plastics
  • Rigid Plastics by Industry - Key Takeaways
    • Rigid Plastics - Growth Analysis by Pack Type and Pack Sub-type
    • Rigid Plastics - Growth Analysis by Closure Material and Closure Type
    • Rigid Plastics - Growth Analysis by Primary Outer Material and Primary Outer Type
    • Rigid Plastics - Volume by Industry and Sector
    • Rigid Plastics - Volume Share Analysis by Industry and Sector
  • Analysis by Pack Material - Rigid Metal
    • Rigid Metal by Industry - Key Takeaways
    • Rigid Metal - Growth Analysis by Pack Type and Pack Sub-type
    • Rigid Metal - Growth Analysis by Closure Material and Closure Type
    • Rigid Metal - Growth Analysis by Primary Outer Material and Primary Outer Type
    • Rigid Metal - Volume by Industry and Sector
    • Rigid Metal - Volume Share Analysis by Industry and Sector
  • Analysis by Pack Material - Paper & Board
    • Paper & Board by Industry - Key Takeaways
    • Paper & Board - Growth Analysis by Pack Type and Pack Sub-type
    • Paper & Board - Growth Analysis by Closure Material and Closure Type
    • Paper & Board - Growth Analysis by Primary Outer Material and Primary Outer Type
    • Paper & Board - Volume by Industry and Sector
    • Paper & Board - Volume Share Analysis by Industry and Sector
  • Analysis by Pack Material - Flexible Packaging
    • Flexible Packaging by Industry - Key Takeaways
    • Flexible Packaging - Growth Analysis by Pack Type and Pack Sub-type
    • Flexible Packaging - Growth Analysis by Closure Material and Closure Type
    • Flexible Packaging - Growth Analysis by Primary Outer Material and Primary Outer Type
    • Flexible Packaging - Volume by Industry and Sector
    • Flexible Packaging - Volume Share Analysis by Industry and Sector
  • Analysis by Pack Material - Glass
    • Glass by Industry - Key Takeaways
    • Glass - Growth Analysis by Pack Type and Pack Sub-type
    • Glass - Growth Analysis by Closure Material and Closure Type
    • Glass - Growth Analysis by Primary Outer Material and Primary Outer Type
    • Glass - Volume by Industry and Sector
    • Glass - Volume Share Analysis by Industry and Sector

For more information about this report visit https://www.researchandmarkets.com/r/f5s28o

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